Angeles Equity Partners Acquires Primus Aerospace

Primus Aerospace Acquires Raloid Corporation

June 28, 2022

Manufacturing

Primus Aerospace, a platform sponsored by Angeles Equity Partners, has acquired Raloid Corporation, a precision component manufacturer serving aerospace, defense, and space customers. The deal expands Primus's machining and assembly capabilities (including plating, NDT, and exotic metals work), strengthening its position as a Tier 1 supplier to defense OEMs; financial terms were not disclosed.

Spartronics (OEP Portfolio Company) Acquires Primus Technologies

January 11, 2021

Manufacturing

Spartronics, a portfolio company of One Equity Partners (OEP), has acquired Primus Technologies Corp., a Williamsport, Pennsylvania-based contract manufacturer of circuit card assemblies and box builds. The acquisition strengthens Spartronics' capabilities and scale in aerospace, defense, medical and complex industrial electronics manufacturing.

The Sterling Group and Capitol Meridian Partners Acquire PrimeFlight Aviation Services from Carlyle

March 6, 2023

Transportation

The Sterling Group and Capitol Meridian Partners have agreed to acquire PrimeFlight Aviation Services from funds managed by Carlyle in a 50/50 partnership; financial terms were not disclosed and the deal is expected to close by Q3 2023. Headquartered in Sugar Land, Texas, PrimeFlight operates roughly 235 stations globally and employs about 12,000 people, providing ground handling, fueling, deicing, GSE maintenance and other airport services to airlines, airports and cargo operators.

Platinum Equity Affiliate Acquires Wesco Aircraft and Combines It with Pattonair

January 9, 2020

Aerospace & Defense

An affiliate of Platinum Equity completed the acquisition of Wesco Aircraft Holdings Inc. for approximately $1.9 billion and immediately combined Wesco with Platinum Equity portfolio company Pattonair. The combination creates a roughly $2.4 billion, global aerospace supply-chain and distribution business headquartered in Valencia, California, with operations across 17 countries and more than 4,000 employees to expand scale, product breadth and supply‑chain capabilities.

Argonaut Private Equity Acquires Pryer Aerospace

February 26, 2025

Manufacturing

Argonaut Private Equity has acquired Pryer Aerospace and added the aerospace manufacturer to its Fund V portfolio. The deal will provide Pryer with financial and operational resources to expand capabilities, capacity, footprint, and pursue growth in space launch, military, and commercial aviation markets.

JW Hill Capital Acquires Performance Plastics and Angeles Composites Technologies

October 26, 2021

Aerospace & Defense

JW Hill Capital, a Scottsdale-based private equity firm, acquired Performance Plastics, Inc. (San Diego, CA) and Angeles Composites Technologies, Inc. (Port Angeles, WA) from Avantus Aerospace. The transactions expand JW Hill Capital’s aerospace manufacturing portfolio into precision composite aerostructures serving commercial and military OEMs and tier-one suppliers.